Promoter Dipti Kothari Boosts Stake in UY Fincorp Limited

1 min read     Updated on 30 Oct 2025, 08:21 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Dipti Kothari, a promoter of UY Fincorp Limited, has increased her stake in the company from 0.25% to 0.45% through open market purchases. On September 15, 2021, she acquired 3,74,561 equity shares, bringing her total holdings to 8,44,002 shares. The promoter group's collective shareholding now stands at 61.31% of the company's total equity capital. UY Fincorp has scheduled a board meeting for November 7, 2025, to approve Q2 and half-year financial results. The company's trading window will be closed from October 1 to November 9, 2025.

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*this image is generated using AI for illustrative purposes only.

UY Fincorp Limited, formerly known as Golden Goenka Fincorp Limited, has seen a significant change in its shareholding pattern as promoter Dipti Kothari increased her stake in the company through open market transactions.

Shareholding Increase

On September 15, 2021, Dipti Kothari acquired 3,74,561 equity shares of UY Fincorp Limited through open market purchases. This acquisition has resulted in a notable increase in Kothari's shareholding in the company:

Aspect Before Acquisition After Acquisition
Shares Held 4,69,441 8,44,002
Percentage Stake 0.25% 0.45%

Promoter Group Holdings

Dipti Kothari is part of the promoter group, which includes several other entities acting in concert. The collective shareholding of the promoter group after this transaction stands at 61.31% of the company's total equity capital. The promoter group includes:

  • Lotus Capital Financial Services Limited
  • Udai Kothari
  • Deepak Kothari
  • U.Y. Industries Private Limited
  • Dipak Kothari (HUF)

Company Overview

UY Fincorp Limited has a total equity share capital of 19,02,38,329 shares with a face value of Rs. 5 each.

Upcoming Board Meeting

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, UY Fincorp Limited has scheduled a board meeting for November 7, 2025. The meeting agenda includes:

  • Consideration and approval of the Unaudited Financial Results for the second quarter and half-year ended September 30, 2025.

Trading Window Closure

In compliance with the company's Code of Conduct for the prohibition of Insider Trading, the trading window for dealing in the securities of UY Fincorp Limited will remain closed from October 1, 2025, to November 9, 2025 (both days inclusive).

This increase in promoter shareholding, coupled with the upcoming board meeting to review financial results, may be of interest to investors and market watchers tracking UY Fincorp Limited's performance and insider activities.

Historical Stock Returns for UY Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%+0.94%+0.40%-12.77%-48.91%-56.51%
UY Fincorp
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U.Y. Fincorp Reports Strong Q1 Results, Announces Joint Venture and Fundraising Plans

1 min read     Updated on 13 Aug 2025, 10:16 PM
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Reviewed by
Riya DeyScanX News Team
Overview

UY Fincorp Limited reported robust Q1 financial results with total revenue of Rs. 3,563.32 lakhs and profit after tax of Rs. 508.46 lakhs. The company entered a joint venture with Fintech Cloud to expand into small ticket loans under the 'FUNDOBABA' brand. UY Fincorp received approval for a Rs. 50 crore qualified institutional placement and voluntarily delisted from the Calcutta Stock Exchange. The company also recorded an impairment of Rs. 900 lakhs related to its stake in Purple Advertising Services Private Limited, which is under liquidation.

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*this image is generated using AI for illustrative purposes only.

UY Fincorp Limited, a financial services company, has reported robust financial results for the first quarter ended June 30, while also announcing strategic business expansions and fundraising initiatives.

Financial Performance

UY Fincorp delivered a strong financial performance in Q1, with total revenue from operations reaching Rs. 3,563.32 lakhs. The company's profit after tax stood at Rs. 508.46 lakhs, demonstrating solid profitability.

Financial Metric Q1 (Rs. in Lakhs)
Revenue from Operations 3,563.32
Total Income 3,599.91
Total Expenses 2,949.65
Profit Before Tax 650.26
Profit After Tax 508.46

Strategic Initiatives

Joint Venture with Fintech Cloud

On April 9, UY Fincorp entered into a joint venture agreement with Fintech Cloud Private Limited (FCPL). This strategic partnership aims to expand the company's business into small ticket size personal and business loans under the brand name 'FUNDOBABA'. UY Fincorp will leverage its own NBFC license for this expansion, with FCPL managing the operations.

Fundraising through Qualified Institutional Placement

In a significant development, UY Fincorp received in-principle approval from both the BSE and NSE on July 15 for a proposed private placement of equity shares. The company plans to raise up to Rs. 50 crores through Qualified Institutional Placements, which could provide additional capital for its growth initiatives.

Corporate Updates

Delisting from Calcutta Stock Exchange

Effective July 17, UY Fincorp's equity shares were voluntarily delisted from the Calcutta Stock Exchange (CSE). This move follows the approval granted by CSE on July 16.

Associate Company Under Liquidation

UY Fincorp holds a 33.33% stake in Purple Advertising Services Private Limited, which is currently under liquidation. As a result, the company recorded an impairment of Rs. 900 lakhs in the financial year 2023-2024 related to this investment.

Investor Information

The company's unaudited standalone financial results for the quarter ended June 30 were reviewed by the Audit Committee and approved by the Board of Directors on August 13. These results are available on the company's website ( www.uyfincorp.com ) as well as on the websites of NSE ( www.nseindia.com ) and BSE ( www.bseindia.com ).

UY Fincorp's strong quarterly performance, coupled with its strategic initiatives in joint ventures and fundraising, positions the company for potential growth in the coming quarters. Investors and stakeholders will likely keep a close eye on the progress of the 'FUNDOBABA' brand and the outcome of the proposed qualified institutional placement.

Historical Stock Returns for UY Fincorp

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%+0.94%+0.40%-12.77%-48.91%-56.51%
UY Fincorp
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